Healthcare Industry
The healthcare sector consists of businesses that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients.
When it comes to revenue and employment, healthcare industries has become one of the India’s richest sectors. It comprises of hospitals, clinical trials, medical tourism, health insurance, medical equipment and devices, so on and so forth. Because of public and private players, healthcare sector is growing on its vigorous speed, reinforcing coverage, services and expenditures.
As we know, healthcare industry is one of the vital industries, which is directly related to everyone one of us in all possible manner, be it physically, mentally, or financially. Hence, the consequences of contemporary technology and economy needs a prompt attention, addressing the challenges they bring along with it.
By reviewing the top 5 challenges healthcare service providers face, we are also providing the solutions on how to deal with them.
Receivables Management
The healthcare industry is notorious for poor follow-ups, bad accounts, fallacious invoices, and inaccurate notices of payments. All these things lead to a substandard cash flow, which hampers the business in terms of productivity, functions, and revenue.
Manpower Support Services
Nowadays, doctors and other professionals are in high demand, and it is arduous to carry out their duties entirely on your own. To recruit white or blue-collared people,
To recruit white or blue-collared people, one needs to follow proper guidelines for recruitment. Browsing job sites, storing databases, interviewing the candidates, document verification, and many other related things need to be performed systematically. For this purpose, 90% of healthcare service providers prefer settling on an external agency that takes their manpower support services on their priority list.
Our recruitment back-office team has access to all serious job portals and records eligible candidates’ data to offer the desired candidates within the stipulated time. We perform proper screening of the candidate, background verification, follow onboarding procedure, and ensure labor law compliance.
Fixed Asset Numbering & Verification
Almost 80% of healthcare expenditures comes from the fixed assets, like medical equipment, office equipment, furniture, supplies, software, machinery .
Organizations especially from healthcare industry face a significant challenges to monitor the fixed asset quantity based on location, asset condition, depreciation status of fixed assets and so on.
As we comprehend with such situations, we have come up with some beneficial solutions to free our clients from these aforementioned challenges. We are presenting the required technology infrastructure, bandwidth, experience and exposure to deal with the FA solutions.
Our clients can be from any locations, as we don’t hesitate in extending our hands to different regions.
Administering the FA Help desk is our USP.
Pharmacy Audit
It is a comprehensive review of functions and procedures to corroborate with a pharmacy’s set of rules and regulations. It can either be a surprise or pre-announced audit
that is performed to detect any fraudulent activities, wastage, and data abuse. Presenting a clearer idea of how a company needs to get a hold of its service quality and its products in a systematic manner.
Our auditors provide a synopsis of the pharmacy audit, where they dig deep into the business’s history based on regulatory guidelines. We conduct either surprise or pre-announced audits based on the Healthcare Service Provider’s needs.
Our Specializations:
- Pharmaceutical Audit
- Internal Audit
- External Audit
- Asset Management
- Bar Code / RFID Tagging
- Verification & Reconciliation
- Process Automation
- Help Desk
- Accounts Receivable
- Follow-up to speed up
- Systematic Collection Procedures
- Customer Balance Confirmations and Reconciliations
- MIS Decision Making
- Generating and Dispatching the invoices
- Human Resource (HR)
- Payroll Processing
- Manpower Outsourcing
- 100% Law Compliance
- Warehouse Management
- POD Tracking
- Dispatch Verification
- Software Implementation
- Order Handling